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A S I

Open bankruptcy
Private limited company (pre-2019)founded 2002Chemin des Skippes(GHI) 38, 7822 Ath, BelgiumKBO/BCE: BE 0477.296.121

A bankruptcy procedure is open for A S I according to publications in the Belgian State Gazette; curator: JOHN DEHAENE.

Summary

The file additionally contains 2 judicial reorganisation notices. The 2024 annual accounts show equity of €40,687 and a net result of €3,815.

A S IOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Hainaut, Tournai division
Declared bankrupt
10 February 2026
Supervising judge
Liliane Stradiot
Official Gazette
18-02-2026 (pdf) ↗search the document for 2026/106986

Deadlines

Provisional date payments stopped
10 February 2026A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 5 March 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 March 2026art. XX.104 and XX.155 CEL
First verification report
passed on 30 March 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
10 February 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • John DehaeneRue De La Halle, 20, 7860 Lessinesjohn.dehaene@skynet.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2024
29 d late
2023
65 d late
2022
86 d late
2021
30 d late
2020
30 d early
2019
34 d late
2018
13 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

A S I was incorporated on 17 April 2002.1 Total assets rose from EUR 75,148 in 2018 to EUR 161,325 in 2024 and headcount from 0.5 to 1 full-time equivalents.2 On 10 February 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian State Gazette, 18-02-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,815
2023 · -€13,176
Working capital
-€33,462▼ 95.2%
2023 · -€17,145
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€45,347▲ 74.1%€47,658▲ 5.1%€73,978▲ 55.2%-€5,202€15,993
Net result€43,684within the sector's middle half▲ 84.9%€31,507above the sector's middle half▼ 27.9%€59,778above the sector's middle half▲ 89.7%-€13,176below the sector's middle half€3,815within the sector's middle half
Equity-€25,037below the sector's middle half▲ 63.6%€6,470within the sector's middle half€50,048within the sector's middle half▲ 674%€36,872within the sector's middle half▼ 26.3%€40,687within the sector's middle half▲ 10.3%
Total assets€54,096below the sector's middle half▼ 17.7%€61,122within the sector's middle half▲ 13.0%€207,605within the sector's middle half▲ 240%€179,910within the sector's middle half▼ 13.3%€161,325within the sector's middle half▼ 10.3%
Debt€79,133▼ 41.2%€54,652▼ 30.9%€157,557▲ 188%€143,038▼ 9.2%€120,638▼ 15.7%
Working capital-€50,103below the sector's middle half▲ 47.1%-€10,755within the sector's middle half▲ 78.5%€8,534within the sector's middle half-€17,145below the sector's middle half-€33,462below the sector's middle half▼ 95.2%
Solvency-46.3%below the sector's middle half▲ 58.2pp10.6%within the sector's middle half▲ 56.9pp24.1%within the sector's middle half▲ 13.5pp20.5%within the sector's middle half▼ 3.6pp25.2%within the sector's middle half▲ 4.7pp
Current ratio0.37below the sector's middle half▲ 0.110.79within the sector's middle half▲ 0.431.11within the sector's middle half▲ 0.310.75below the sector's middle half▼ 0.350.51below the sector's middle half▼ 0.24
Return on assets (ROA)80.8%above the sector's middle half▲ 44.8pp51.5%above the sector's middle half▼ 29.2pp28.8%above the sector's middle half▼ 22.8pp-7.3%below the sector's middle half▼ 36.1pp2.4%within the sector's middle half▲ 9.7pp
Staff (FTE)11=1=1=
above within below the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2020: €45,347€45,347Net result 2020: €43,684€43,684Operating result 2021: €47,658€47,658Net result 2021: €31,507€31,507Operating result 2022: €73,978€73,978Net result 2022: €59,778€59,778Operating result 2023: -€5,202-€5,202Net result 2023: -€13,176-€13,176Operating result 2024: €15,993€15,993Net result 2024: €3,815€3,81520202021202220232024-€25,000€0€25,000€50,000€75,000Operating result 2022: €73,978€74,000Net result 2022: €59,778€59,800Operating result 2023: -€5,202-€5,200Net result 2023: -€13,176-€13,200Operating result 2024: €15,993€16,000Net result 2024: €3,815€3,820202220232024
The operating result returns to profit in 2024: €15,993 after a loss of €5,202 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €161,325
Fixed assets €126,390 ▼ 1.3%
Current assets €34,935 ▼ 32.6%
Equity and liabilities €161,325
Equity €40,687 ▲ 10.3%
Debt €120,638 ▼ 15.7%
Debt's share of the balance-sheet total falls from 79.5% to 74.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€48,496▲
2023 · €23,172
Cash flow
€36,318▲
2023 · €15,199
Quick ratio
0.39▼
2023 · 0.56
Debt to equity
2.97▼
2023 · 3.88
ROE
9.4%▲
2023 · -35.7%
Interest coverage
5.09▲
2023 · 3.26
Debt ≤ 1 year
€68,398▼
2023 · €68,978
Debt > 1 year
€49,248▼
2023 · €74,059
Income taxes
€2,743▲
2023 · €956
Staff costs
€23,888▲
2023 · €22,408
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€179,910€161,325▼
Fixed assets21/28€128,076€126,390▼
Tangible fixed assets22/27€122,792€121,106▼
Land and buildings22€0-
Plant, machinery and equipment23€12,584€8,389▼
Furniture and vehicles24€78,647€88,077▲
Leasing and similar rights25€31,561€24,641▼
Financial fixed assets28€5,284€5,284=
Current assets29/58€51,834€34,935▼
Stocks and contracts in progress3€12,973€8,256▼
Stocks30/36€12,973€8,256▼
Amounts receivable within one year40/41€18,897€24,242▲
Trade receivables40€13,165€12,217▼
Other amounts receivable41€5,732€12,025▲
Cash at bank and in hand54/58€18,748€1,222▼
Deferred charges and accrued income490/1€1,216€1,216=
Equity and liabilities
Total equity and liabilities10/49€179,910€161,325▼
Equity10/15€36,872€40,687▲
Contributions10/11€6,200€6,200=
Reserves13€43,848€43,848=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€41,988€41,988=
Profit (loss) carried forward14-€13,176-€9,361▲
Amounts payable17/49€143,038€120,638▼
Amounts payable after more than one year17€74,059€49,248▼
Financial debts170/4€74,059€49,248▼
Amounts payable within one year42/48€68,978€68,398▼
Current portion of amounts payable after more than one year42€23,572€27,505▲
Trade debts44€11,456€22,555▲
Suppliers440/4€11,456€22,555▲
Taxes, remuneration and social security45€29,558€18,339▼
Taxes450/3€26,637€15,533▼
Remuneration and social security454/9€2,921€2,806▼
Other amounts payable47/48€4,393-
Accrued charges and deferred income492/3-€2,993
Income statement Code20232024
Remuneration, social security and pensions62€22,408€23,888▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,375€32,503▲
Other operating charges640/8€5,699€3,649▼
Gross operating margin9900€51,279€76,033▲
Operating profit (loss)9901-€5,202€15,993▲
Financial income75/76B€100€98▼
Recurring financial income75€100€98▼
Financial charges65/66B€7,118€9,533▲
Recurring financial charges65€7,118€9,533▲
Profit (loss) for the period before taxes9903-€12,220€6,558▲
Income taxes67/77€956€2,743▲
Profit (loss) for the period9904-€13,176€3,815▲
Profit (loss) for the period to be appropriated9905-€13,176€3,815▲
Appropriation of the result
Profit (loss) to be appropriated9906-€13,176-€9,361▲
Profit (loss) brought forward from the previous period14P--€13,176

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€500---
Remuneration, social security and pensions62-€8,847€19,377€22,408€23,888▲ 6.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,036€12,307€10,364€28,375€32,503▲ 14.5%
Other operating charges640/8-€1,240€7,390€5,699€3,649▼ 36.0%
Gross operating margin9900€80,441€70,052€111,108€51,279€76,033▲ 48.3%
Operating profit (loss)9901€45,347€47,658€73,978-€5,202€15,993▲ 407%
Financial income75/76B-€0-€100€98▼ 2.0%
Recurring financial income75€1,826€0-€100€98▼ 2.0%
Financial charges65/66B-€727€3,032€7,118€9,533▲ 33.9%
Recurring financial charges65€3,009€727€3,032€7,118€9,533▲ 33.9%
Profit (loss) for the period before taxes9903€44,164€46,931€70,946-€12,220€6,558▲ 154%
Income taxes67/77€480€15,425€11,168€956€2,743▲ 187%
Profit (loss) for the period9904€43,684€31,507€59,778-€13,176€3,815▲ 129%
Profit (loss) for the period to be appropriated9905€43,684€31,507€59,778-€13,176€3,815▲ 129%
Line20202021202220232024Change
Assets
Total assets20/58€54,096€61,122€207,605€179,910€161,325▼ 10.3%
Fixed assets21/28€25,174€19,525€118,213€128,076€126,390▼ 1.3%
Tangible fixed assets22/27€19,934€14,285€112,928€122,792€121,106▼ 1.4%
Land and buildings22-€60€30€0--
Plant, machinery and equipment23-€5,169€11,680€12,584€8,389▼ 33.3%
Furniture and vehicles24-€4,801€99,584€78,647€88,077▲ 12.0%
Leasing and similar rights25-€4,255€1,635€31,561€24,641▼ 21.9%
Financial fixed assets28€5,239€5,239€5,284€5,284€5,284=
Current assets29/58€28,923€41,597€89,392€51,834€34,935▼ 32.6%
Stocks and contracts in progress3€5,611€4,411€12,091€12,973€8,256▼ 36.4%
Stocks30/36-€4,411€12,091€12,973€8,256▼ 36.4%
Amounts receivable within one year40/41€13,446€25,533€60,441€18,897€24,242▲ 28.3%
Trade receivables40-€25,128€23,720€13,165€12,217▼ 7.2%
Other amounts receivable41-€406€36,722€5,732€12,025▲ 110%
Cash at bank and in hand54/58€9,019€10,589€15,176€18,748€1,222▼ 93.5%
Deferred charges and accrued income490/1-€1,063€1,684€1,216€1,216=
Equity and liabilities
Total equity and liabilities10/49€54,096€61,122€207,605€179,910€161,325▼ 10.3%
Equity10/15-€25,037€6,470€50,048€36,872€40,687▲ 10.3%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€43,848€43,848€43,848=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133--€41,988€41,988€41,988=
Profit (loss) carried forward14-€33,097-€1,590--€13,176-€9,361▲ 29.0%
Amounts payable17/49€79,133€54,652€157,557€143,038€120,638▼ 15.7%
Amounts payable after more than one year17--€76,698€74,059€49,248▼ 33.5%
Financial debts170/4--€76,698€74,059€49,248▼ 33.5%
Amounts payable within one year42/48€79,026€52,352€80,858€68,978€68,398▼ 0.8%
Current portion of amounts payable after more than one year42--€17,336€23,572€27,505▲ 16.7%
Trade debts44€35,428€11,827€21,899€11,456€22,555▲ 96.9%
Suppliers440/4-€11,827€21,899€11,456€22,555▲ 96.9%
Taxes, remuneration and social security45-€34,167€34,590€29,558€18,339▼ 38.0%
Taxes450/3-€31,925€31,987€26,637€15,533▼ 41.7%
Remuneration and social security454/9-€2,242€2,603€2,921€2,806▼ 3.9%
Other amounts payable47/48-€6,357€7,033€4,393--
Accrued charges and deferred income492/3-€2,300--€2,993-
Line20202021202220232024Change
Profit (loss) for the period9904€43,684€31,507€59,778-€13,176€3,815▲ 129%
+ Depreciation and write-downs630€13,036€12,307€10,364€28,375€32,503▲ 14.5%
Operating cash flow (approximation)€56,720€43,814€70,143€15,199€36,318▲ 139%
Investment in fixed assets (approximation)--€6,658-€109,052-€38,238-€30,817▲ 19.4%
Change in cash-€1,570€4,587€3,572-€17,526▼ 591%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
18-02
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Tournai · event 10-02-2026
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Back to profitnet €3,815
Net result €3,815 after one loss-making year.
04-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial Weakest financial yearnet -€13,176
Net result drops to -€13,176, the lowest in the series.
25-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 86 days late
2022
31-12
Financial Highest result since 2018net €59,778 ▲89.7%
Operating result €73,978, net result €59,778, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
03-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 34 days late
2019
18-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
Show earlier events
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-12
Judicial reorganisation Plan homologation
Tribunal de commerce du Hainaut · event 09-11-2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
24-12
Judicial reorganisation Opening
Tribunal de commerce du Hainaut
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ath · 1 establishment unit since 2002
seat establishment approximate The establishment unit on the map
Ground area
8,291 m²
Parcel 51024B0119/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chemin des Skippes(GHI) 38, 7822 Ath
Manufacture of machinery and equipment not elsewhere classified
since 20022.094.677.089
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
51024B0119/00K000 Wallonia 8,291 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JOHN DEHAENE
Rue De La Halle, 20, 7860 Lessines
10-02-2026 → present

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Of 1,877 companies in this sector we hold annual accounts for 849. 594 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded17-04-2002
Fiscal year end31-12
Activities, NACEBEL 2025
95319Other maintenance and repair of motor vehicles
95314Bodywork repair (including spraying and painting)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Contact
Phone 0497/140.551Ath
E-invoicing
Reachable via Peppol
Peppol ID 0208:0477296121
Registered 11-12-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 30 September 2026 · Peppol Directory

General meetings

3 convocations
General meeting
published 16-09-2016
General meeting
published 23-06-2016
General meeting
published 24-12-2015

Scores and ratios are computed by Checked and are not a credit decision.